Wed.Jul 10, 2024

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How Online Businesses can Master Inventory Management to Impact Operations

Retail TouchPoints

As an online business, your sales numbers won’t matter if you can’t deliver your customers’ orders efficiently. There’s an inventory sweet spot you’re always looking to achieve — not overstocking, not understocking, and still managing to keep up with changing buyer demands. Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business.

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ACCC sues The Good Guys over dodgy promotions

Inside Retail

JB Hi-Fi’s subsidiary The Good Guys is facing legal action from the Australian Competition and Consumer Commission (ACCC) for alleged deceptive misrepresentations around its ‘StoreCash’ promotions. The ACCC said that The Good Guys ran 116 promotions between July 2019 and August last year, offering consumers a store credit or StoreCash if they spent a certain amount on qualifying products in its online or physical stores.

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Walmart Expands Perishable Network with New DCs and Facility Expansions

Retail TouchPoints

Walmart will increase support for its grocery operations with enhancements to its perishable network, including five new high-tech perishable distribution centers (DCs), expansions to four traditional perishable DCs and a retrofit of the retailer’s Winter Haven, Fla. DC with the latest technology. One of the new DCs, in Shafter, Calif., has been operational since 2021, and the second, in Lancaster, Texas, is ramping up operations.

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“I had made an error that would be near-fatal for the company”: CEO’s swift save

Inside Retail

Simon Griffiths is the CEO and co-founder of the pr o fit-for-purpose business Who Gives a Crap , which donates 50 per cent of profits to global hygiene projects to ensure everyone in the world has access to a toilet and sanitation. Philanthropy has always been in Griffiths’s DNA. Before Who Gives a Crap, hospitality was the training ground for his business brain.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Designing with Data: Keeping Retailers Ahead of the Trends

Retail TouchPoints

Whether a retail location, office building, hotel or healthcare environment, designing to support client objectives requires bringing to bear as much relevant information as possible. At Dyer Brown our approach, regardless of typology, emphasizes pre-design investigation: combining market research and surveys with collaborative stakeholder visioning sessions produces critical data that will inform the design process.

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How The Reject Shop’s merchandise strategy adapted to the cost-of-living crisis

Inside Retail

Much like the broader retail industry, The Reject Shop is facing inflationary pressures but it remains focused on its mission to provide value to its customers. “By shopping with us, customers save money,” Amy Eshuys, The Reject Shop’s chief operating officer, told Inside Retail. “We work hard to keep our overall costs of doing business low so we can maintain our price advantage versus other retailers,” said Eshuys.

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It’s all about experience: Fujifilm’s new Sydney store concept

Inside Retail

Fujifilm Australia has relocated its first brand experience facility, Fujifilm House of Photography, to a larger location in the heart of Sydney’s CBD. First opened in 2022 , the facility is now located at 263 George Street and is the world’s third Fujifilm House of Photography, after Japan and London. The centre aspires to be “an interactive hub” that will inspire and motivate customers to experience everything Fujifilm has to offer, from photo shooting to photo producti

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Pinterest and Primal Kitchen Tap Cooking Creators for Summer Pop-Ups

Retail TouchPoints

After hosting successful pop-up shops with apparel brands like Abercrombie and Anthropologie , Pinterest is digging into the culinary world by partnering with condiment and sauce brand Primal Kitchen. The companies are bringing the Colorful Kitchen Pop-Up to Chicago, Los Angeles and New York City to showcase Primal Kitchen’s best-selling products and highlight Pinterest’s highly curated food and kitchen trends.

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The Mirage Casino To Give Away $1.6 Million in Prizes

Retail Wire

Due to its upcoming closure, The Mirage casino in Las Vegas has been mandated by Nevada regulations to distribute $1.6 million in unclaimed progressive jackpots before it closes.

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Ikea Exec: Stores’ Expanded Fulfillment Role Key to Maintaining Lower Prices

Retail TouchPoints

Ikea stores, long known as warehouse-sized selling spaces scented with the wafting aroma of Swedish meatballs, have been shrinking and changing functions in recent months — including taking a bigger role in last mile fulfillment. While this shift has helped the retailer reduce lead times for greater efficiency, it also created a challenge for store designers: allocating space for fulfillment functions “without compromising on the exploration and the way we make products come to life,” said Sara

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Kroger-Albertsons Merger Threatens Hundreds of Stores Nationwide

Retail Wire

The Kroger-Albertson merger has not yet been finalized, but the list of stores planned to be divested has been revealed.

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Von Dutch sold. New owners promise to expand global footprint

Inside Retail

Hollywood fashion and lifestyle brand Von Dutch has been sold to brand management firm WSG Brands and is set for further global expansion. Former owners Groupe Royer and its subsidiary Royer Brands International completed the transfer of ownership last month. Following the acquisition, Von Dutch will be headed by Jack Cheika and Marc Benitez, WSG’s CEO and COO.

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Tesla’s Market Share Dips Below 50% for the First Time

Retail Wire

Tesla's share of the U.S. electric vehicle market fell below 50% for the first time in the second quarter, dropping to 49.7% from 59.3% a year earlier.

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7-Eleven reveals new CEO, Angus McKay exits for $1.9m Bapcor role

Inside Retail

Angus McKay, 7-Eleven CEO since 2016, is moving into the automotive world as executive chair and CEO at Bapcor. Bapcor’s core business is the automotive aftermarket which includes ABS, Autobarn and Midas in its retail portfolio. The AFR reports the appointment comes hot on the heels of Bapcor’s knockback of an unsolicited all-cash $1.83 billion buyout from Bain Capital.

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Krispy Kreme Announces 87th Birthday Promo

Retail Wire

Krispy Kreme is celebrating its 87th anniversary by offering a dozen glazed doughnuts for just 87 cents on Friday, July 12.

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Hong Kong retail sales remain grim: Is there light at the end of the tunnel?

Inside Retail

Hong Kong retail sales continue to experience a recession, reporting a double-digit drop in two consecutive months in May and a 6.1 per cent decrease for the first five months of this year. The prolonged downturn has led many to wonder what the future holds for the industry. What is happening? A government spokesman said the decline in sales was mainly due to the changes in the consumption patterns of visitors and residents, as well as the strength of the Hong Kong dollar.

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Athletic Brewing $50M Equity Round: What We Know

Retail Wire

The Athletic Brewing Company is the largest non-alcoholic beer company in the United States.

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Melbourne retailer Baby & Kids in court over worker abuse

Inside Retail

Baby & Kids is facing a legal action from the Fair Work Ombudsman (FWO) after allegedly failing to pay a former worker proper wages and entitlements. The FWO says the action was taken after it learned that Baby & Kids did not pay a worker – employed full-time in an e-commerce role from January to October 2022 – any wages for her final two weeks of work.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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Over 1,300 US Stores Are Set To Close This Year

Retail Wire

According to a recent Business Insider compilation of reports from nine retail chains, over 1,330 stores across the U.S. have either closed or are scheduled to close in 2024.

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ARA voices concern over NSW Anzac Day trading ban

Inside Retail

The Australian Retailers Association (ARA) has voiced its concern after the NSW government decided to extend the Anzac Day trading ban starting next April, from 1pm to midnight. The ban will apply to retail traders such as supermarkets and fashion retailers, while small businesses, markets, cafes, chemists, newsagencies and takeaway restaurants are exempt.

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Samsung Union Workers Go on Indefinite Strike

Retail Wire

The union disagrees with management over pay and working policies.

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Apple leads jump in global PC shipments

Inside Retail

Global shipments of personal computers rose by 3 per cent in the second quarter, helped by demand for AI-capable devices, with Apple seeing the biggest growth among PC makers, preliminary data from research firm IDC showed on Tuesday. PC shipments reached 64.9 million units in the three months ended June, marking a second straight quarter of growth after two years of decline, the report said.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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Husqvarna unveils new store design for enhanced customer experience

Retail Focus

HUSQVARNA unveils its updated global store design concept, to reflect the brand’s Nordic heritage. With flexibility and modularity as the guiding principles, Husqvarna has created a concept that caters to the needs and store space of each dealer, whilst enhancing the end-customer experience. The new store concept is available to dealers this season.

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Shein launches collection with US luxury label Monse

Inside Retail

Online fast-fashion retailer Shein and US luxury label Monse have launched a new collection for the Shein X program, an initiative to support independent artists and designers. Established in 2015 by Laura Kim and Fernando Garcia – co-creative directors for Oscar de la Renta–Monse is known for its ‘deconstructed tailoring and asymmetry’ The collection includes styles from five independent designers – Oxana Goralczyk (France), Jade Breyon (USA), Mathilde Lhomme (France), Aliya Brown (

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Innovations Taking Live Stream E-Commerce to the Next Level

Retail Focus

Today, technology is evolving at a rapid rate – so much so that, what was once an innovative idea of its own, live streaming for e-commerce is seeing a wave of fresh ideas. So, let’s take a look at some of the technology making for the next generation of live stream e-commerce. OCR Optical character recognition (OCR) uses a camera lens to capture an image, which is then transformed into a machine-readable format.

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How Both& is building an apparel brand for trans and non-binary consumers

Inside Retail

Finnegan Shepard is the unexpected brand founder who did. An academic turned entrepreneur, Shepard studied philosophy and literature at Sarah Lawrence College and the University of Cambridge before launching Both&, a brand that designs clothing for people who identify as transmasculine, nonbinary and gender non-conforming. Shepard was inspired to start the brand based on his own experiences searching for such products, and he knew other consumers were looking for the same thing.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Walmart Faces a Class-Action Lawsuit Due to Inaccurate Price Labels

Retail Wire

Walmart faces a class-action lawsuit following a ruling by the 7th U.S. Circuit Court of Appeals in Chicago on July 3.

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Co-op becomes first retailer to publish socioeconomic pay gap report

Retail Gazette

Co-op has become the first retailer in the UK to publish a socioeconomic pay gap report, putting a spotlight on the difference in pay between colleagues from different socioeconomic backgrounds. The convenience chain said the report will help inform its social mobility strategy and the actions it needs to close the pay gap. The business collected voluntary data from 48% of its 57,000 colleagues across the UK between April 2023 to April 2024 and found it has a mean pay gap of 5.2% between staff f

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Top 5 Strategies to Take Control of the Digital Shelf on Amazon

Intelligence Node

When you step into a retail store, you see a shelf decorated with beautiful products. When the products are strategically placed on a shelf, the shopper customer is automatically lured. The post Top 5 Strategies to Take Control of the Digital Shelf on Amazon appeared first on Blog.

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Uber for Teens Has Re-Sparked the Longstanding Debate About Fingerprinting Drivers

Retail Wire

Seven years ago in California, Uber and Lyft successfully opposed a proposal to mandate fingerprinting for ride-hailing app drivers. However, the recent introduction of Uber for Teens earlier this year has reignited this debate.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.